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Author Topic: TaaS coin, worth it or scam?  (Read 1874 times)
alpey
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May 28, 2017, 07:06:33 PM
 #1

Is there anyone else that is holding TaaS, if so, what are you expecting as the dividends? Can it be considered a legit coin?
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May 28, 2017, 07:52:46 PM
 #2

I think it is a legit coin.
But I don't see huge future in front of it. It feels ineffective project.

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andron8383
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May 28, 2017, 09:48:09 PM
 #3

Is there anyone else that is holding TaaS, if so, what are you expecting as the dividends? Can it be considered a legit coin?

Wiill see mate. I don't like how they runned ICO bounties they have changed my bounty from 2% to some hard cap.
I don' t like projects that change mind and rules over time.
When you follow their twitter then they re looking legit to me.

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May 29, 2017, 03:01:58 AM
 #4

I have looked into this project also and it seems like they are getting some negative reviews because of their delay in the bounties distribution.  Too early to say if TaaS is a scam or not. 

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May 29, 2017, 07:23:31 AM
 #5

I guess the devs have no need to communicate as it seems they hold no tokens and thus investor dont really mean much to them. The idea of "proof of membership" is interesting but I dont see any case for the devs to communicate to the investors unless they want to as they have no risk considering they hold no tokens. For them it is a matter of making sure they get a risk free profit for managing a fund.
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May 29, 2017, 07:53:58 AM
 #6

I believe that for the game on the waves, the norms. It is better to keep the coins of the top 10.  Wink

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May 29, 2017, 07:54:58 AM
 #7

I have looked into this project also and it seems like they are getting some negative reviews because of their delay in the bounties distribution.  Too early to say if TaaS is a scam or not. 
The team looks very unproffesional, especially for the campaign manager too lazy to collect the user's data and updated the spreadsheet. That means there is a correlation between the manager and the team.
The team didn't give a response until this time.


     
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May 29, 2017, 08:08:40 AM
 #8

I believe that for the game on the waves, the norms. It is better to keep the coins of the top 10.  Wink
i agree with you, sometimes we need more time to make coins more valuable on the future Wink

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May 29, 2017, 11:36:44 AM
 #9

taas coin not scam coin
problem dev and taas coin only about distribution bounty and then dev receive red trust
but i hope problem can solved

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May 29, 2017, 12:20:44 PM
 #10

taas coin not scam coin
problem dev and taas coin only about distribution bounty and then dev receive red trust
but i hope problem can solved

Many people have hopes on TaaS but the problem will be solved only when the release bounties to participants on time. They are delaying everything they are very active before ICO when they collect huge now they are changing their minds. But for me, it seems there are 50 and 50 chances on it.

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May 29, 2017, 03:07:12 PM
 #11

Why with taas, what is going on?
Why Taas distribution can have problems and prolonged


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May 29, 2017, 07:41:15 PM
 #12

Why with taas, what is going on?
Why Taas distribution can have problems and prolonged

It's lack of communication or could be something more intentional.  Looks like the TaaS account has been tagged with a couple of trusted negative feedbacks.  This isn't looking too good and needs to be resolved asap.

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May 30, 2017, 05:52:03 PM
 #13

Hi! How are you all doing?

My name is Samuel and I am the TaaS Community Manager.
I would like to take the time to address some of your concerns and; I hope; answer your questions.

Why with taas, what is going on?
Why Taas distribution can have problems and prolonged

It's lack of communication or could be something more intentional.  Looks like the TaaS account has been tagged with a couple of trusted negative feedbacks.  This isn't looking too good and needs to be resolved asap.

We've had a couple problems to fix regarding the bounties distribution. The first batch has been distributed and we are ready to hand the second one; closing the subject afterwards.
Jamal (the person in charge of the program), also had some internet issues recently. I agree that it is unfortunate and we are working as fast as possible to give everyone the rewards they are entitled to get.

On another end; I would like to talk about the "communication" part of your statement.
The team has been really busy with the recent events after closing the ICO (putting in place the the cryptographic audit, dealing with the external factors of the accounting firm, etc...)

I have been put in the position of managing the community and I am taking this role and the responsibilities that goes with it really seriously. We are currently working on a platform that will really help and improve the communication between the team and the community while the project is being put together and advancing.

You can stay in touch with us on our official telegram channel (https://t.me/taasfund); it is really active and we will make sure to answer your questions if you have any.
You can also subscribe to the "TaaS: Updates and Announcements" telegram channel; where all the official news are posted. ( https://t.me/taasfundnews)

I guess the devs have no need to communicate as it seems they hold no tokens and thus investor dont really mean much to them. The idea of "proof of membership" is interesting but I dont see any case for the devs to communicate to the investors unless they want to as they have no risk considering they hold no tokens. For them it is a matter of making sure they get a risk free profit for managing a fund.

While I do understand your concern; there is something to keep in mind here: there was a choice to be made at the beginning of this project and the team preferred to go for a 100% transparent alternative.
There are different ways on how to handle token distribution, and we decided to stay away from an ability to sell tokens in the market and thus gain profit. The only way for us to make money is by making money.

Our goal is to make a strong, healthy and profitable ecosystem. It does; of course; take some time.
ShowOff
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May 30, 2017, 06:00:28 PM
 #14

1 thing that problem in taas is delay on bounty i think and about the prize amount it is all dev's decision and i am already received mine and hold until get better exchange than liqui, maybe it will be worth more than $1 per coin

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peter0425
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May 30, 2017, 06:10:03 PM
 #15

There is a scam accusation against TaaS -> https://bitcointalk.org/index.php?topic=1922777.0

Please read and make your final judgement. I didn't joined their bounties so I'm not affected by the accusations against them. I still see some telling that they still haven't received their bounty. So I hope Samuel can get in touch with the user. Goodluck to TaaS and your project.

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dotcomedy
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May 30, 2017, 06:57:07 PM
 #16

Generally, I like TaaS, especially as an ICO/token that pushes deeper into "fund" territory, which should offer investors a different return profile than just holding Bitcoin or Ethereum. However, there are numerous red/yellow flags with TaaS:
  • It is incredibly unclear whether their goal is to build Kepler, their home-brew "technology", which would value them like a technology business, or to "trade" to make profits
  • Their ICO was filled with jargon, and not many clear and understandable arguments as to how they plan to create value
  • Their "cryptographic audit" is uncertain, and will likely not present an easy to understand means for investors to actually figure out what the fund is doing. The biggest risk is that this is a string of trades, with no explanation

Once TaaS begins publishing returns and results, the tokens will likely quickly gain or lose demand in a very significant way. I have not invested in TaaS, and have no plans to purchase the tokens.

Bitcoin and Ethereum enthusiast
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May 30, 2017, 08:14:01 PM
 #17

There is a scam accusation against TaaS -> https://bitcointalk.org/index.php?topic=1922777.0

Please read and make your final judgement. I didn't joined their bounties so I'm not affected by the accusations against them. I still see some telling that they still haven't received their bounty. So I hope Samuel can get in touch with the user. Goodluck to TaaS and your project.


I understand how you can have concerns by this kind of accusations; but like many projects before; TaaS was, is, and will be a victim of FUD/SCAM alerts for many vague reasons.
The plan here is to prove things with actions; but some time is required for the team to perform that kind of moves. Rome wasn't built in one day; TaaS won't either; but we are putting all the best bricks together at the moment to make it's future as bright as possible.

Generally, I like TaaS, especially as an ICO/token that pushes deeper into "fund" territory, which should offer investors a different return profile than just holding Bitcoin or Ethereum. However, there are numerous red/yellow flags with TaaS:
  • It is incredibly unclear whether their goal is to build Kepler, their home-brew "technology", which would value them like a technology business, or to "trade" to make profits
  • Their ICO was filled with jargon, and not many clear and understandable arguments as to how they plan to create value
  • Their "cryptographic audit" is uncertain, and will likely not present an easy to understand means for investors to actually figure out what the fund is doing. The biggest risk is that this is a string of trades, with no explanation

Once TaaS begins publishing returns and results, the tokens will likely quickly gain or lose demand in a very significant way. I have not invested in TaaS, and have no plans to purchase the tokens.

1. Kepler is ran by Patrick Salm and not by the trading team of TAAS. While it is a project within TaaS itself; it is managed and developed on another pillar. It will be a feature used by the team for the future investments of the token (let's remember that Kepler is a "child/fork" of a Bloomberg terminal) but it will also be available to the community as a valuable trading tool.

2. TaaS is a tokenized closed-end fund designed to reduce the risks and technical barriers of investing in the blockchain space. Built on a profit-sharing smart contract, TaaS introduces an innovative Token-as-a-Service business model, allowing investors to subscribe to the fund’s income stream. The Net Asset Value of the Token will increase not only by the need/demand of the market but also by the fact that 25% of the quarterly profits of project is reinvested in it.

3. The cryptographic audit was released today (https://ca.taas.fund/wallets/dashboard) and the interface is (even if it is still under development), as user friendly as possible. The featured daily snapshots of the investments are a way for our investors to follow the ongoing process. Every new investment made by the team is explained (Our first one being Mysterium https://www.reddit.com/r/taasfund/comments/6e92an/taas_fund_starts_trading_operations/) so that the community can know what is happening with their funds. Anyone is, also, more than welcome to join us on our Telegram to ask us/get informations about the ongoing plans.

I hope I answered most of your concerns!
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May 30, 2017, 10:49:03 PM
 #18

8 million dollar has been collected and I think they will not waste $8 million. This project will be very great. Right now they are trying to distribute the bounty to everyone

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peter0425
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May 31, 2017, 12:13:01 PM
 #19

There is a scam accusation against TaaS -> https://bitcointalk.org/index.php?topic=1922777.0

Please read and make your final judgement. I didn't joined their bounties so I'm not affected by the accusations against them. I still see some telling that they still haven't received their bounty. So I hope Samuel can get in touch with the user. Goodluck to TaaS and your project.


I understand how you can have concerns by this kind of accusations; but like many projects before; TaaS was, is, and will be a victim of FUD/SCAM alerts for many vague reasons.
The plan here is to prove things with actions; but some time is required for the team to perform that kind of moves. Rome wasn't built in one day; TaaS won't either; but we are putting all the best bricks together at the moment to make it's future as bright as possible.

Generally, I like TaaS, especially as an ICO/token that pushes deeper into "fund" territory, which should offer investors a different return profile than just holding Bitcoin or Ethereum. However, there are numerous red/yellow flags with TaaS:
  • It is incredibly unclear whether their goal is to build Kepler, their home-brew "technology", which would value them like a technology business, or to "trade" to make profits
  • Their ICO was filled with jargon, and not many clear and understandable arguments as to how they plan to create value
  • Their "cryptographic audit" is uncertain, and will likely not present an easy to understand means for investors to actually figure out what the fund is doing. The biggest risk is that this is a string of trades, with no explanation

Once TaaS begins publishing returns and results, the tokens will likely quickly gain or lose demand in a very significant way. I have not invested in TaaS, and have no plans to purchase the tokens.

1. Kepler is ran by Patrick Salm and not by the trading team of TAAS. While it is a project within TaaS itself; it is managed and developed on another pillar. It will be a feature used by the team for the future investments of the token (let's remember that Kepler is a "child/fork" of a Bloomberg terminal) but it will also be available to the community as a valuable trading tool.

2. TaaS is a tokenized closed-end fund designed to reduce the risks and technical barriers of investing in the blockchain space. Built on a profit-sharing smart contract, TaaS introduces an innovative Token-as-a-Service business model, allowing investors to subscribe to the fund’s income stream. The Net Asset Value of the Token will increase not only by the need/demand of the market but also by the fact that 25% of the quarterly profits of project is reinvested in it.

3. The cryptographic audit was released today (https://ca.taas.fund/wallets/dashboard) and the interface is (even if it is still under development), as user friendly as possible. The featured daily snapshots of the investments are a way for our investors to follow the ongoing process. Every new investment made by the team is explained (Our first one being Mysterium https://www.reddit.com/r/taasfund/comments/6e92an/taas_fund_starts_trading_operations/)

I hope I answered most of your concerns!
so that the community can know what is happening with their funds. Anyone is, also, more than welcome to join us on our Telegram to ask us/get informations about the ongoing plans.

Thank you Samuel for clearing some issues regarding TaaS. At least you are moving into the right directions to clear things up regarding the accusations. I know that time is not on your side, but at least we can hear voice directly from TaaS and getting things straighten it out. Again, I have nothing against TaaS as I just want to see things clears up specially about the bounty. Cheers to you.

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A decentralized database service for the world's dApps
ANN  Whitepaper  Twitter  Telegram  Medium   Reddit  Github
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Renji Abarai
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May 31, 2017, 12:23:10 PM
 #20

I have looked into this project also and it seems like they are getting some negative reviews because of their delay in the bounties distribution.  Too early to say if TaaS is a scam or not. 
The team looks very unprofessional, especially for the campaign manager too lazy to collect the user's data and updated the spreadsheet. That means there is a correlation between the manager and the team.
The team didn't give a response until this time.


This is also some of the issues I am reading based on some feedback on troll box etc. There is  issues on bounty distribution and some are complaining for not being paid. I am hoping they settled the issue as I am not updated lately. In my opinion this is a good coin, hope they ironed out some of the issues that arise.

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